Jump to content

Talk:2020 stock market crash

Page contents not supported in other languages.
From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Zanygenius (talk | contribs) at 18:18, 2 April 2020 (→‎References in scroll box: Actually,{{ping|VoidOutput}}). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Template:Findnote

Removal of Table Summaries

Can we get rid of the table summaries in the article? They only focus on the Dow Jones Industrial Average, when the crash has affected global stock market indices (Japan's Nikkei Average, Hong Kong's Hang Seng Index, etc.). 9March2019 (talk) 01:31, 24 March 2020 (UTC)[reply]

I think that we should remove the table summaries, and instead convert them possibly to 2020 Stock Market Crash in the United States, and make various sub-articles to globalize this article. Foxterria (talk) 04:28, 24 March 2020 (UTC)[reply]
Yes, this article should focus on causes and effects of the global stock market crash; subarticles are necessary for country-specific perspectives and to satisfy Wikipedia:SIZE standards. 9March2019 (talk) 22:30, 24 March 2020 (UTC)[reply]
If I create table summaries not only Dow, but ASX, Nikkei225, HSI, SENSEX, Tadawul, FTSE, DAX, CAC, MIB, RTS, TSX & BOVESPA or WTI, Brent, Gold & Bonds yields, Can I re-added them in this article? LibraFM (talk) 16:20, 25 March 2020 (UTC)[reply]
Problem is, including those tables will make the article far Wikipedia:TOOBIG; it's better to have separate articles for those. And as for the table summaries themselves, they should only include five key dates for each stock market index: (1) peak, (2) 20% decline from peak, (3) trough, (4) 20% growth from trough, and (5) new high. 9March2019 (talk) 17:01, 25 March 2020 (UTC)[reply]

Each stock market index would have a table like this, where cumulative changes are calculated from the peak (first three rows) and then from the trough (last two rows).

Milestone Date Achieved Cumulative Point Change Cumulative % Change Significance
Peak TBD TBD TBD Accrual of bear market status
20% decline from peak TBD TBD TBD Bear market recognized
Trough TBD TBD TBD Turning point in market momentum
20% growth from trough TBD TBD TBD Common threshold to regain bull market status
New high TBD TBD TBD Full recovery of losses for new bull market

The last column may or may not be needed, but is provided here to explain why each of the five milestones are important. 9March2019 (talk) 21:16, 26 March 2020 (UTC)[reply]

Globalizing this article

As of just now, it's being quite obvious that this article has being somewhat focused on the United States. I've done a complete overhaul of the layout to make the article more globalized, with response pages linked under the tab 'Response' for now, though this can be change to something like 'Impact by Region'. This is to make sure that the article is not centered on one stock market in particular, as it has being with the Dow Jones. Help me continue to work to clean up the article (We really don't have to mention every day), and globalize the article even more so with it's content. If you want be specific on the impacts regionally, create a page for the provided country or use the page currently made. Please use this section to discuss further globalization of the article and detailing changes made to the article. Foxterria (talk) 06:08, 24 March 2020 (UTC)[reply]

Content pertaining to daily stock market performances should also be moved to respective sub-articles (country-specific) so as to conform to Wikipedia:Article size standards. 9March2019 (talk) 12:39, 24 March 2020 (UTC)[reply]
@Foxterria and 9March2019: If there appears to be a bias towards the United States, it is only an unintended side effect of the fact the U.S. economy alone accounts for one-fourth of the gross international product, but I do not believe that it would be correct to say that the article has a U.S. bias. There is a bias towards the G20 countries, but that's only because they cumulatively account for nine-tenths of the gross international product. I would like to make an effort to include as much news about non-G20 countries but I cannot possibly be informed about the economies of all 200 countries in the world and there may not be English-language news without paywalls about all of them. -- CommonKnowledgeCreator (talk) 04:02, 29 March 2020 (UTC)[reply]

GAN?

I think this page can be a good article.Thingofme (talk) 23:24, 26 March 2020 (UTC)[reply]

Inaccurate line comparing 2008 market crash to todays market

The below line in paragraph 2 should be changed as it is not accurate (line in bold):

Line in question: "Despite a temporary rally on 13 March (with markets posting their best day since 2008), all three Wall Street indexes fell more than 12% when markets re-opened on 16 March.[16][17]"

The markets did not post their best day since 2008. This should be removed. Krisb1220 (talk) 00:30, 28 March 2020 (UTC)[reply]

 Already done As far as I can see this has been removed. Goldsztajn (talk) 18:26, 30 March 2020 (UTC)[reply]

Removal of content from 10–11 March & 13 March

@Foxterria, 9March2019, LibraFM, Zanygenius, XOR'easter, Locke Cole, Renerpho, Britishfinance, and Faissaloo: Why has the content from these specific days been removed from the article? It needs to be restored so the article remains complete. -- CommonKnowledgeCreator (talk) 20:44, 28 March 2020 (UTC)[reply]

@CommonKnowledgeCreator: It appears much of it was excised by @Foxterria: in this edit about four days ago. The edit summary said future edits would make the article take on a more international tone, however ironically it appears some of the international information from March 13 was removed.. —Locke Coletc 20:56, 28 March 2020 (UTC)[reply]
@Locke Cole: It wasn't removed, actually I didn't edit any of the text at all, I just re-arranged it to format it for later edits. From what I can tell, 10-11 March and 13 March are still in the article. Foxterria (talk) 01:30, 29 March 2020 (UTC)[reply]
@Foxterria: Actually, that information was restored by @CommonKnowledgeCreator: in these three edits. Your removal was made in this edit (which I already linked to above). —Locke Coletc 03:16, 29 March 2020 (UTC)[reply]

Graph

I've been maintaining File:Stock market crash (2020).svg (which is used at the top of the article), however I'd decided that I'd only update it when it hit new overall lows. With that limitation in mind, it's been some time since the graph has been updated, so I was wondering if anyone felt the graph should be updated so long as there are still periods where we have big drops, or if I should stick to only updating when it's hits new lows. Feel free to !vote below, or add new choices if you have a better idea, but here are the two choices I can think of:

  • Update only on new lows – only update when we hit new lows deeper than any already recorded
  • Update for weeks with volatility – update during volatile weeks where we see drops (1% or more?) and increases

I'm leaning towards the 2nd choice, which means I'd update it through this week. Thank you for your input! —Locke Coletc 04:42, 1 April 2020 (UTC)[reply]

@Locke Cole: I concur with the latter option. -- CommonKnowledgeCreator (talk) 16:24, 1 April 2020 (UTC)[reply]
Unless we get some opinions to the contrary, I'll go with that. =) —Locke Coletc 20:59, 1 April 2020 (UTC)[reply]
The second choice sounds good to me, too. XOR'easter (talk) 00:42, 2 April 2020 (UTC)[reply]

References in scroll box

Could anyone put the references in a scrollbox ? As things currently stand, the reference sections represents more than half of the page length. — Preceding unsigned comment added by VoidOutput (talkcontribs) 09:34, 1 April 2020 (UTC)[reply]

@VoidOutput:  Not done Yeah that was getting long. I'm not sure it's correct to scroll-box it, but something had to be done. Let me know if there are any more questions. Per this. What I can do in the meantime is ask to split out the article. Sincerely, User:Zanygeniuschat For info on 1 Jul 20 move, see this. 18:18, 2 April 2020 (UTC)[reply]

New "Black Wednesday" or "April Fools Crash" (or April's Folly?) section?

Greetings, some things. Today, after European markets closed mostly down, many American markets noted some of their worst drops since March 20 of this year[1] or even since the Great Recession of 2007-09. For example, the Dow Jones reported down 970[1][2] points, and the S&P Down over 110 points since March 31st's close.[3]. Although some stocks started the day high[4], all of them were down by the 6PM close, as part of a larger 3 day trend starting March 30th.[5] Should we add this in to the article? If so, should there be a section name? Sincerely, User:Zanygeniuschat For info on 1 Jul 20 move, see this. 22:47, 1 April 2020 (UTC)[reply]

It looks like the 30_March–1_April section can cover this. I don't think we need to introduce names unless they become well established, and I'm not so sure that people are really naming the individual days of ups and downs any longer. XOR'easter (talk) 00:41, 2 April 2020 (UTC)[reply]
It appears to be "just" 4% or so? Didn't even trigger circuit breakers, not really comparable to the previous crashes which gets the Black moniker. Juxlos (talk) 02:02, 2 April 2020 (UTC)[reply]
@XOR'easter:, Thank you for the input. I think a note about it under April first will be fine. Per this, today's stocks have rebounded for the most part. However the recent 3 day slide did put stocks under for the week. Thank you, Sincerely, User:Zanygeniuschat For info on 1 Jul 20 move, see this. 15:46, 2 April 2020 (UTC)[reply]

References

  1. ^ a b "Stock market live Wednesday: Dow down 900, second quarter begins, Trump's warning". CNBC. 1 April 2020. Retrieved 1 April 2020.
  2. ^ "Dow Jones - 10 Year Daily Chart". www.macrotrends.net. Retrieved 1 April 2020.
  3. ^ "S&P 500 - 10 Year Daily Chart". www.macrotrends.net. Retrieved 1 April 2020.
  4. ^ "Market Activity". www.nasdaq.com. Retrieved 1 April 2020.
  5. ^ "Stocks close sharply lower amid rising coronavirus worries". www.msn.com. Retrieved 1 April 2020.